Funding government infrastructure, education, healthcare, social security and defense through taxation must be a shared burden, but many ultra-wealthy use tax code loopholes to avoid paying their fair share. Hiring tax attorneys to “legally” amass wealth and pay zero taxes doesn’t make you smart, just nefarious by shifting the burden of funding government onto the backs of hardworking Americans. We know the types, the ones who buy the most expensive meal on the menu then sticks you with the bill.

CEOs eliminate their income tax liability by paying themselves in stock, which is taxed at a lower rate. Borrowing against assets, the “buy, borrow, die” strategy to leverage investments without incurring capital gains taxes. Their heirs inheriting significant tax-free wealth without lifting a finger since stock tax liability is zeroed out on inherited date, avoiding paying millions on capital gains. These tactics stick funding government onto the backs of the working class.

The One Big Beautiful Bill provides additional tax benefits for wealthy individuals, including tax break for luxury items like yachts, by allowing 100% write-off during the first year by “classifying” purchases as business expenses to reduce taxes owed. The tax code credit was meant to help a farmer purchase a combine harvester to feed America, but the $120M yacht tax avoidance gift shifts the burden onto hardworking Americans.

Analysis published by Oxfam in 2026, found that between 1989 and 2022, the top 0.1% gained an average of $39.5 million. By contrast, a bottom 20% gained less than $8,500. Oxfam projects in 2027, “President Trump’s One Big Beautiful Bill Act will reduce the tax bill of the highest-earning 0.1% by $311,000, while simultaneously increasing taxes on the lowest-income households–or those earning less than $15,000 annually.”

Per the Guardian, nearly 400 millionaires and billionaires call for higher taxes on super-rich in an open letter…“A handful of global oligarchs with extreme wealth have bought up our democracies; taken over our governments; gagged the freedom of our media; placed a stranglehold on technology and innovation; deepened poverty and social exclusion; and accelerated the breakdown of our planet,” … letter continues… “What we treasure, rich and poor alike, is being eaten away by those intent on growing the gulf between their vast power and everyone else…It’s a stark indictment that illustrates just how nonsensical the gulf now is between oligarchs and the rest of humanity. Governments must implement taxes on the super-rich now and prioritize reducing inequality. The world cannot continue on this obscene trajectory.” These millionaires and billionaires see the storm clouds forming. By sticking the American working class with ever increasing tax burden, will Amazon soon have a run on pitchforks and torches?

We all wish to be wealthy and secure but what wealth level would satisfy you? Having an extra $100 in your pocket to spend each day without feeling stressed? How about $1,000 per day? If you or I inherited at birth the fortune from one ultra-wealthy, what would we be able to spend each day for a lifetime? Simple math: ultra-wealthy’s net worth, divided by 78 years for average male life expectancy, divided by 365 days = $X/day, without figuring in future wealth growth.

$852 Billion net worth of Elon Musk, results in ability to spend $29,926,238 per day.

$266 Billion net worth of Jeff Bezos, $9,343,168/day.

$220 Billion net worth of Mark Zuckerberg, $7,727,432/day.

Tax avoidance wealth amassed by the ultra-wealthy, while everyday Americans worry about how to pay next month’s rent, food, utilities, and healthcare bills. Contact your elected representative to make your voice heard.